The British bus manufacturer Alexander Dennis (ADL) has  announced that it has been acquired by Canadian firm NFI Group in a £320 million deal. NFI is described as North America’s “largest and most diversified bus manufacturer”, employing more than 6,300 people across Canada and the US.

Colin Robertson, chief executive of Alexander Dennis Limited (ADL), said: “We can be proud of the transformation of our company from a traditional UK bus builder to a global leader with annual revenue in 2018 exceeding £630m. We look forward to becoming an important part of NFI while retaining our identity. This partnership is a complementary fit for both parties, allowing sharing of best practice and technology development, to form one of the largest independent bus and coach manufacturers in the world. “

NFI’s president and chief executive, Paul Soubry, added: “ADL is the UK’s number one bus manufacturer and the number one global producer of double-deck buses, with an established international presence and is recognised as a leader known for innovative products and a commitment to quality and service. We’re thrilled to have ADL join the NFI family and to be investing in such a great engineering and manufacturing success story, and a company we already know so well. “

Headquartered in Falkirk, Scotland, Alexander Dennis has a history that spans more than a century. The company was established in 2004 when a consortium of Scottish entrepreneurs acquired the business from TransBus International’s administrators. ADL employs some 2,500 people across its UK operations and supports a further 1,500 through subsidiaries and build partnerships globally.

ADL acquisita da NFI Group